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RENERGEN LIMITED - Successful Appeal Outcome

Release Date: 10/04/2025 14:49
Code(s): REN     PDF:  
Wrap Text
Successful Appeal Outcome

RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
("Renergen" or "the Company" or "the Group")

SUCCESSFUL APPEAL OUTCOME

As was previously announced, a dispute arose between Tetra4 and Springbok Solar Power
Plant (RF) Proprietary Limited ("Solar Developer") regarding their solar development
encroaching upon Tetra4's production right.

The defective Section 53 MPRDA approval for the Solar Developer's solar facility has been
formally revoked.

The Director-General of the Department of Mineral and Petroleum Resources ruled in favour
of Tetra4 on 9 April 2025, thereby upholding Tetra4's appeal against the Regional Manager
of the Department of Mineral and Petroleum Resource's decision concerning land use rights.

The Director-General found procedural defects in the approval process by the Regional
Manager. Specifically, the Solar Developer failed to consult Tetra4 as required by the MPRDA
Regulations.

Johannesburg
10 April 2025

Authorised by: Stefano Marani
Chief Executive Officer

Designated Advisor
PSG Capital

To readers reviewing this announcement on the Stock Exchange News Service (SENS), this
announcement may contain graphics and/or images which can be found in the PDF version
posted on the Company's website.

www.renergen.co.za

Date: 10-04-2025 02:49:00
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